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Union City Multifamily Investment Opportunity

4108 New York Ave, Union City, NJ 07087

For Sale
$899,000
Pending

Four-family property in Union City, renovated in 2006, convenient location.

Property SizeContact for details
Days on Market705

Property Features for 4108 New York Ave

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $11,857
Listing Agency: HP PROPERTIES
Listed By: JUNIO FERMIN · License NJ #9910976
Source: Exitrealty
Added: Dec 5, 2024 Changed: Aug 8 Last Checked: Aug 25 at 9:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HP PROPERTIES

Rey
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Investment Insights

Based on property information with market context.

This four-family property, renovated in 2006, presents an investment opportunity. Unit # 1 is a duplex with 3 bedrooms and 2 full baths and is currently vacant. Unit #2 is also a duplex, featuring 3 bedrooms and 3 full baths, and is currently rented for $2,200. The second floor contains two apartments, each with 2 bedrooms and 1 full bath. The apartment on the second floor to the left is vacant. All units feature open concept layouts and high ceilings. Located in a convenient location with NYC transportation available on the corner. According to the landlord, the property is not rent controlled. The seller will remove the oil tank on the premises.

Key Highlights

  • Four‑family property, offering significant income potential.
  • All apartments are spacious with open concept layouts and high ceilings.
  • Two duplex units, each with 3 bedrooms and multiple full bathrooms.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

4,929
Businesses Nearby

Demographics for 07087, NJ

68,611
Population
27,442
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
77%
High-School Grad
1.3 sq mi
ZIP Area
52,778
Density / Sq Mi
$65,369
Median Household Income
$35,041
Median Earnings
$1,489
Median Rent
$446,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Quadplexes in Union City

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-family property in Union City, renovated in 2006, convenient location.
Where is this quadplex located?
The property is located at 4108 New York Ave Union City, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Four‑family property, offering significant income potential.; All apartments are spacious with open concept layouts and high ceilings.; Two duplex units, each with **3 bedrooms and multiple full bathrooms**.
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